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Insure24 is a commercial insurance broker. We can help businesses organise and present information about their equipment, operations, locations, responsibilities and controls to suitable insurer markets. Availability, cover and terms depend on the individual risk, disclosure, underwriting and policy wording.
This page provides general information only. Examples of equipment, events and policy sections do not confirm that a particular risk, activity, loss or cost will be accepted or covered.
Marine, Vessel & Mechanical Breakdown Insurers
Specialist Cover for Marine Engines & Critical Machinery
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ENGINE FAILURE
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NAVIGATION ELECTRONICS
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HYDRAULICS & WINCHES
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ONBOARD SYSTEMS
Why Equipment Breakdown Insurance Matters
Commercial vessels depend on reliable engines, machinery, hydraulics and electronic systems. A mechanical or electrical failure can put vessels out of operation, interrupt fishing schedules, delay cargo or compromise safety at sea.
This insurance covers repair, replacement and associated costs - ensuring operations recover quickly from unexpected breakdowns.
What Equipment Breakdown Insurance Covers
Specialist cover designed for fishing vessels, marine workboats, commercial fleet operators and offshore vessels.
- Main engine breakdown - mechanical or electrical failure
- Gearbox, shafts & propulsion system failures
- Hydraulic system damage (winches, cranes, pot haulers)
- Generator breakdown & electrical system faults
- Fuel system contamination or failure
- Navigation electronics breakdown (GPS, sonar, radar)
- Onboard refrigeration & storage system failure
- Cover for sudden, unforeseen breakdowns
- Optional: Breakdown causing catch spoilage
- Optional: Loss of revenue / downtime cover
Common Causes of Marine Equipment Breakdown
- Wear and tear causing mechanical failure
- Whether saltwater corrosion affecting engines or electronics is insured must be checked against the proposed wording and exclusions
- Overloading of hydraulic systems
- Electrical surges or wiring faults
- Fuel contamination or blockages
- Overheating of generators or propulsion units
- Accidental damage to onboard equipment
- Cooling system failures
Why Marine Operators Choose Insure24
- Specialist marine & mechanical breakdown insurers
- Tailored cover for workboats, fishing vessels & fleet operators
- Claims arrangements depend on the insurer and policy terms
- Premiums, limits and terms depend on the risk and underwriting
- Knowledgeable team supporting commercial marine operators
FREQUENTLY ASKED QUESTIONS
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Does this cover sudden mechanical breakdown?
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Does this include navigation electronics?
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Does it cover wear and tear?
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Can it include loss of income?
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Is breakdown during fishing operations covered?
Related Covers
Continue with related marine-equipment pages on all-risks damage, electronics, downtime, hired plant and the difference between breakdown and wear-and-tear exclusions.